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Bournemouth West Cliff Hotel, 7 Durley Chine Road, Bournemouth, BH2 5JS

Guide Price
£7,500,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 83 ensuite letting bedrooms
  • Extensive food & beverage facilities
  • Spa including indoor swimming pool/sauna
  • Extensive car parking
  • Potential to add letting bedrooms (STPP)
  • EPC:68
  • Christie & Co Ref: 3848017

Description

Location

The Bournemouth West Cliff Hotel & Spa is located in the heart of Bournemouth, one of the most popular seaside destinations, with a thriving events scene.

The Hotel situates in close proximity to Bournemouth Beach, Bournemouth university and is only 7 miles from Bournemouth Airport. Bournemouth is a highly accessible location within easy reach of main conurbations including London, Southampton, Bristol and Oxford.

Fixtures & Fittings

Trade inventory will be included in the sale. Stock at valuation on completion.

Key Investment Highlights

Excellent critical mass:
The Hotel features 83 ensuite bedrooms.

Extensive F&B and MICE facilities:
5 function suites with a maximum capacity of
200 delegates (150 guests in the largest
room, the Merlot Suite), complemented by a
premium dining restaurant and a lounge bar.

Substantial leisure offering:
The Hotel has extensive leisure facilities
including two indoor swimming pools, sauna
and steam facilities, an aromatherapy cave,
jacuzzi and spa pool.

Additional parking spaces:
The Hotel provides 80 parking bays, which is
rare in the heart of Bournemouth.

Superb connectivity:
A very popular beach destination within easy
reach of major cities such as London,
Southampton, Bristol and Oxford.

Increased bedroom capacity:
Potential to add 14 bedrooms through
conversion of the function spaces, of the
proposed 14 additional rooms, 12 of which
comprise suites enabling the hotel to attract
more medium/long stay guests.

Asset management opportunities:
The hotel also offers a wide range of potential
asset management initiatives including
expansion of the already successful
healthclub.

Branding and operating structure:
The Hotel can be sold free and clear of the
current management, offering an opportunity
for branding and alternative operating and
ownership structures.

Alternative use:
Bournemouth is a strong micro-location for
healthcare due to its accessibility and coastal
location. Subject to planning consent the hotel
could be repurposed into a healthcare living facility.

Tenure:
Freehold

Letting Accommodation

The Hotel comprises of 83 rooms with the potential to expand to 97 keys. All rooms are complete with TV’s, tea and coffee amenities, desks and Wi-Fi.

The Opportunity

VALUE ENHANCEMENT OPPORTUNITIES

INCREASED BEDROOMS CAPACITY:
The previously outlined 14-bedroom extension would optimise the space to increase the bedroom stock and decrease the meeting room space in the hotel. This scheme includes 12 suites, which will allow the Hotel to accommodate medium/long stay customers with premium offering. Whilst also providing additional rooms revenue, this would further optimise the P&L through the removal of additional operational departments which have a lower profit margin.

EXPANSION OF THE HEALTHCLUB:
The current healthclub has evolved organically and is now a successful business stream. The existing facilities can benefit from an expansion programme to attract visitors from a broader catchment.
.
ALTERNATIVE USE – HEALTHCARE:
Bournemouth is a strong micro-location for retirement living and the hotel’s close proximity to both the beach and town centre, alongside strong public transport links provides merit in the opportunity for a conversion to a healthcare living destination.

ASSET MANAGEMENT OPPORTUNITIES:
The hotel also represents a rare opportunity to acquire a hotel free of branding or management, thus providing a blank canvas for a new owner to reposition the asset in the market and benefit from both cost synergies and brand loyalty programs.

Staff

Any purchaser will be required to comply with
the relevant legislation in respect of present
employees.

Trading Information

Additional information including trading and all other relevant information can be found in the data room subsequent to acceptance of the NDA. Please click on the following link to access the NDA and data room.

Tenure

Freehold. The sale will be by way of an asset sale as a
transfer of a going concern.

Business Rates

1st April 2023 £122,500.

Energy Performance Certificates

EPC 1

Brochures

Bournemouth West Cliff Hotel, 7 Durley Chine Road, Bournemouth, BH2 5JS

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bournemouth Station1.3 miles
  • Branksome Station1.4 miles
  • Parkstone Station2.6 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3848017-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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